Stocks were mostly edging lower on Tuesdaym amid signs that the recent rally that’s powered both the S&P 500 and Nasdaq to all-time highs may be starting to fizzle out. The key focus for the rest of this week is likely to be a deluge of second-quarter earnings reports that could give investors a better sense of how consumer spending is holding up amid worries about inflation and tariffs. “Stocks gained, the dollar slipped, gold advanced, and Treasuries rallied on Monday, despite a distinct lack of catalysts,” Michael Brown, strategist at the foreign exchange broker Pepperstone, said.
